HomeMy WebLinkAboutRDA AGENDA 01-03-94I . REGULAR MEETING CALL TO ORDER AGENDA ,-IE TUSTIN COMMUNITY RED. JANUARY 3, 1994 ~OPMENT AGENCY 2. ROLL CALL e APPROVAL OF MINUTES- DECEMBER 6, 1993 REGULAR MEETING Recommendation: Approve the Redevelopment Agency Minutes of December 6, 1993. 4. APPROVAL OF DEMANDS e Se Recommendation: Approve Demands in the amount of $294,564.02. REFUNDING 1987 TOWN CENTER REDEVELOPMENT BONDS A recently completed analysis by Bartle Wells and Associates indicates that the trend in ~ieclining interest rates has continued to the point that the Agency can realize additional savings if the outstanding bonds were refunded. Recommendation- Authorize staff to proceed with the advance refunding of the 1987 Town Center Redevelopment Bonds and direct staff to solicit proposals for Financial Advisor services as recommended by the Finance Department. AGREEMENT WITH CATELLUS DEVELOPMENT CORPORATION FOR PREPARATION ' AND PROCESSING OF A PROJECT STUDY REPORT FOR THE NEWPORT AVENUE/ SR-55 INTERCHANGE RECONFIGURATION PROJECT e Essential to implementation of any future phase of the Pacific C.e. nter East Specific Plan is the preparation and processing of a Project Study Report for approval by Caltrans of the Newport Avenue/SR-55 Interchange Northbound Ramp Reconfiguration. Recommendation: Authorize the Executive Director and City Clerk to execute an agreement with Catellus Development Corporation for preparation and processing of a Project Study Report to Caltrans for the Newport Avenue/SR-55 Interchange Northbound Ramp Reconfiguration Project as recommended by the Public Works Department/Engineering Division. OTHER BUSINESS 8. ADJOURNMENT The next regular meeting of the Redevelopment Agency is scheduled for Monday, January 17, 1994, 7:00 p.m., at the Council Chambers, 300 Centennial Way. Redevelopment Agency Agenda I January 3, 1994